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Orica Limited Announces Strong Financial Gains for 2024
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Orica Limited Announces Strong Financial Gains for 2024

Orica Limited (AU:ORI) has released an update.

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Orica Limited has reported a significant financial upswing for the fiscal year ending September 2024, with a 15% increase in earnings before interest and tax (EBIT) driven by heightened adoption of premium products and strategic acquisitions. The company achieved a statutory net profit after tax of $525 million, marking substantial growth from the previous year, and declared a final dividend of 28 cents per share. Orica’s commitment to sustainability was highlighted by a notable reduction in emissions, placing the company in a strong position for future growth.

For further insights into AU:ORI stock, check out TipRanks’ Stock Analysis page.

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